Annual report [Section 13 and 15(d), not S-K Item 405]

Financial Commitments (Tables)

v3.25.0.1
Financial Commitments (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Short-Term Borrowings

SHORT-TERM BORROWINGS

 

 

 

 

As of December 31,

 

(in thousands)

 

Expiration Date

 

2024

 

 

2023

 

Revolving credit facility - Corporate

 

December 2026

 

$

 

 

$

 

Revolving credit facilities - India

 

Various 2025

 

 

21,209

 

 

 

6,021

 

Other - international facilities

 

Various 2025

 

 

12,129

 

 

 

5,873

 

Short-term borrowings

 

 

 

$

33,338

 

 

$

11,894

 

Long-Term Borrowings

LONG-TERM BORROWINGS

 

 

 

 

As of December 31,

 

(in thousands)

 

Maturity Date

 

2024

 

 

2023

 

HF-T1 Distribution Center Loan

 

March 2025

 

$

129,505

 

 

$

129,505

 

HF-T2 Distribution Center Construction Loan

 

April 2025

 

 

73,017

 

 

 

73,017

 

China Distribution Center Expansion Construction Loan

 

December 2032

 

 

68,450

 

 

 

40,330

 

China Operational Loans

 

Various 2025

 

 

150,517

 

 

 

46,228

 

Other

 

Various

 

 

92

 

 

 

435

 

Subtotal

 

 

 

 

421,581

 

 

 

289,515

 

Less: Current installments of long-term borrowings

 

 

 

 

353,131

 

 

 

46,571

 

Long-term borrowings

 

 

 

$

68,450

 

 

$

242,944

 

Schedule of Future Principal Payments

The following table presents the future principal payments required under the Company’s debt obligations, discussed above:

 

Year (in thousands)

 

Maturities

 

2025

 

$

353,131

 

2026

 

 

8,712

 

2027

 

 

8,712

 

2028

 

 

8,712

 

2029

 

 

9,957

 

Thereafter

 

 

32,357

 

Total

 

$

421,581